City of Valley Park, MO
chevron_right
2021-06-21
info
chevron_right
Title I Government Code
chevron_right
Chapter 150 Taxation and Finance
chevron_right
Article VII Bank Depositary
- Adopting Ordinance
- Ch AO Adopting Ordinances
- Ttl I Government Code
- Ch 100 General Provisions
- Ch 105 Elections
- Ch 110 Mayor, Board of Aldermen and City Administrator
- Ch 115 City Officials
- Ch 120 Conflicts of Interest
- Ch 125 Boards and Commissions
- Ch 127 Open Meetings and Records Policy
- Ch 130 Personnel Policy
- Ch 135 Municipal Court
- Ch 140 Procurement Policy
- Ch 145 Library
- Ch 150 Taxation and Finance
- Ch 150 Art VII Bank Depositary
- § 150.190 Bank Depositary Required.
- § 150.200 Rules And Regulations For Selection Of Depositary.
- § 150.210 Review Of Depositary Selection — Emergencies.
- Ttl II Public Health, Safety and Welfare
- Ch 200 Police Department
- Ch 205 Animals and Fowl
- Ch 210 Offenses
- Ch 215 Nuisances
- Ch 217 Abandoned Property
- Ch 220 Emergency Management
- Ch 225 Parks and Recreation
- Ch 230 Human Rights
- Ch 235 Solid Waste
- Ttl III Traffic Code
- Ch 300 General Provisions
- Ch 305 Traffic Administration
- Ch 310 Enforcement and Obedience to Traffic Regulations
- Ch 315 Traffic Control Devices
- Ch 320 Speed Regulations
- Ch 325 Turning Movements
- Ch 330 One-Way Streets and Alleys
- Ch 335 Stop and Yield Intersections, Railroad Crossings
- Ch 340 Miscellaneous Driving Rules
- Ch 342 Alcohol-Related Traffic Offenses
- Ch 345 Pedestrians' Rights and Duties
- Ch 350 Method of Parking
- Ch 355 Stopping, Standing or Parking Prohibited in Specified Places
- Ch 360 Stopping for Loading or Unloading Only
- Ch 365 Stopping, Standing or Parking Restricted or Prohibited on Certain Streets
- Ch 370 Vehicle Equipment
- Ch 375 Bicycles, Motorized Bicycles, and Electric Bicycles
- Ch 380 Licensing Requirements
- Ch 385 Abandoned Vehicles
- Sch I Speed Limits
- Sch II Stop Signs
- Sch III Through Streets
- Sch IV Restricted Parking
- Sch V No Parking Zones
- Sch VI Yield Right-Of-Way
- Sch VII No Left Turns
- Sch VIII Through Truck Traffic
- Sch IX Load Limits
- Sch X Taxi Stands
- Sch XI No Through Traffic for Commercial Trucks in Excess of Nine Tons on Certain Streets
- Sch XII Fire Lanes
- Sch XIII One-Way Streets and Alleys
- Ttl IV Land Use
- Ttl IV Notes Land Use
- Ch 400 Planning and Zoning Commission - City Plan
- Ch 405 Zoning Regulations
- Ch 410 Subdivision Regulations
- Ch 415 Valley Park Historic Preservation Act
- Ttl V Building and Construction
- Ch 500 Building Codes and Building Regulations
- Ch 505 Unsafe Buildings
- Ch 510 (Reserved)
- Ch 515 Sign Regulations
- Ch 520 Streets and Sidewalks
- Ch 521 Grading, Excavation and Fill
- Ch 522 Stream Buffer Protection
- Ch 525 (Reserved)
- Ch 530 Utilities - in General
- Ch 535 Water
- Ch 540 Sewers
- Ch 545 Telecommunication Towers
- Ttl VI Business and Occupation
- Ch 600 Alcoholic Beverages
- Ch 605 Business Licenses and Regulations
- Ch 610 Video Service Providers
- Ch 615 Coin-Operated Games, Arcades and Vending Machines
- Ch 620 Garage, Rummage or Private Auction Sales
- Ch 625 Public Utilities - Gross Receipts
- Ch 630 Taxicabs and Limousines
- Ch 635 Scraps Metal Dealers Code
- Ch 640 Solicitors Code
- Cross Reference
- Ch CR Cross Reference
[Ord. No. 2011, 6-4-2018]
It shall be the role of the Board of Aldermen to select a depositary
for the funds of the City of Valley Park, Missouri, at the first meeting
in June for five-year terms beginning in 2018. The rules and regulations
for the selection of the depositary may be established by ordinance.
[Ord. No. 2011, 6-4-2018]
A.
The City Clerk shall seek out proposals from banks conducting business
in the City of Valley Park and whom desire to hold the City's funds
in depositary.
B.
The City Clerk shall summarize submitted proposals to the Board of
Aldermen and shall make a recommendation for which bank or banks should
act as the depositary for City funds.
C.
The Board of Aldermen shall review the recommendation of the City
Clerk and choose a bank that will serve as the depositary institution
for the City's funds for a period of five (5) years.
[Ord. No. 2011, 6-4-2018]
A.
If the Mayor or City Clerk determines that exigent circumstances
exist within the five-year term that necessitate a review or change
of an existing depositary, it shall bring the matter before the Board
of Aldermen for review and consideration.
B.
If the Board of Aldermen determines that exigent circumstances exist,
the Board of Aldermen may make whatever changes it deems necessary
to project the City's funds, including, but not limited to, changing
depositaries for the duration of the five-year term.
C.
Exigent circumstances include, but are not limited to the following:
financial instability of the depositary, breach of confidentiality
by the depositary, mismanagement of depositary funds and/or lack of
support by the depositary.
